Portfolio Managers

In 2019, SEBI constituted a committee chaired by Mr. J. Ranganayakulu to review and strengthen the regulatory framework for SEBI registered Portfolio Managers. The Committee's recommendations led to the revised SEBI (Portfolio Managers) Regulations, notified in February 2020.

To support the implementation of these regulations and facilitate structured engagement between SEBI and Portfolio Managers akin to AMFI's role for mutual funds, SEBI encouraged the formation of a dedicated industry body.

Accordingly, the Association of Portfolio Managers in India (APMI) was incorporated on 31st December 2021 and became operational on 1st May 2022.

As the official industry association for SEBI registered Portfolio Managers, APMI is mandated to:

  • Drive the growth and development of the PMS industry in India.
  • Act as a formal communication bridge between the industry and SEBI.
  • Foster collaboration among Portfolio Managers, service providers, and stakeholders.
  • Promote industry wide standardization of processes and systems.
Portfolio Managers

We are delighted to announce that the 2nd Annual Event of the Association of Portfolio Managers in India (APMI) will be held on Wednesday, 6th August 2025, at the Grand Hyatt, Mumbai, commencing at 10:00 AM.

This landmark gathering will bring together a distinguished group of attendees, including senior officials from SEBI, representatives from leading Portfolio Management firms, APMI registered Distributors, key service providers across the PMS ecosystem, and notable personalities of the media. The event will celebrate the remarkable growth of the PMS industry, highlight APMI's pivotal role in shaping its evolution, and chart the path forward for the sector.

Chief Guest

Chief Guest

Mr. Tuhin Kanta Pandey - Chairman, SEBI

Mr. Tuhin Kanta Pandey, Chairman of SEBI, is a reform-driven leader shaping India’s capital markets. A 1987-batch IAS officer, he previously served as Finance Secretary and spearheaded landmark initiatives such as Air India’s privatization and LIC's IPO during his tenure at Department of Investment and Public Asset Management (DIPAM). With over three decades of experience in economic policy and governance, he brings deep expertise to regulatory leadership. An alumnus of Panjab University and the University of Birmingham, he combines strong academic credentials with practical reform execution. At SEBI, his focus is on fostering trust, transparency, and robust governance in the financial ecosystem.

Guests of Honour

Guests of Honour

Mr. Manoj Kumar - Executive Director, SEBI

Mr. Manoj Kumar is an Executive Director at the Securities and Exchange Board of India (SEBI). He is involved in the Investment Management Department (IMD) and has been a key voice on SEBI’s focus areas, including technology adoption, becoming more data-driven, and fostering collaboration.

Mr. Ashishkumar Chauhan - MD & CEO, NSE

Mr. Ashishkumar Chauhan is the MD & CEO of the National Stock Exchange (NSE) and Chancellor of the University of Allahabad. He previously served as CEO of the Bombay Stock Exchange (BSE) for a decade and was on the Board of Directors of Central Depository Services Limited (CDSL). Mr. Ashishkumar Chauhan is also on the Boards of IIM Raipur, Gokhale Institute of Politics&Economics, and Arun Jaitley National Institute of Financial Management. From 2000–2009, he was Group CIO at Reliance Group, India's largest business house, and later served as Head of Corporate Communications. He has received numerous national and international awards for innovative IT solutions across sectors including stock markets, petrochemicals, and telecommunications.

Moderators

Moderators

Mr. Neil Borate - Personal Finance Editor at Mint

Mr. Neil Borate is Editor Personal Finance at Mint. He is a graduate in law and economics, with a postgraduate diploma in investments from the University of Birmingham, UK. He has also passed the CFA Level 1 exam. Mr. Neil Borate started writing about personal finance in 2016 at Value Research, a mutual fund research portal. After a stint at a fintech, Neil joined Mint in 2019 as a mutual fund reporter. He was made Deputy Editor in 2022 and Personal Finance Editor in 2024. He has also co-authored the book - The Big Bull of Dalal Street on Rakesh Jhunjhunwala, one of India's most successful investors.

Mr. Bhavin Shah - APMI Board Member, Founder & CIO Sameeksha Capital

Fund manager with a proven track record of generating alpha. Three decades of experience in technology, equity research and portfolio management. Serial entrepreneur with demonstrated capability of building top notch franchises in Indian, Asian and Global equities. Impeccable reputation for professional integrity among global institutional clients.
Started Sameeksha to manage personal savings in a professional setup with a career horizon of as long as possible; Buffet and Munger have taken it to their 90s!
Trying to stay fit and active by eating largely vegan healthy food, playing football as well as reasonably competitive cricket with younger players and by training for advanced Yog postures including shirasan, adho mukh vrakshasan, mayurasan, bakasan, shirsasan on parallel bar and so on. Also enjoy cycling, tennis, pickle ball and golf.

Panel: Five Questions to ask your Portfolio Managers

Panelists

Panel: Five Questions to ask your Portfolio Managers

Panelists

Mr. Darshan Engineer - Chief Investment Officer- Listed Equities, Narotam Sekhsaria Family Office

With an experience of now 30 years - Currently Head the Public Markets Team at Narotam Sekhsaria Family Office (NSFO) overseeing Equities and Fixed Income, 19 years at NSFO. Past experience includes stints handling Treasury Functions at Reliance Industries and ICICI Limited (since merged into ICICI Bank). Market experience includes trading - Foreign Exchange, Fixed Income - Local and International Currency pairs.

Ms. Minal Goyal - Treasury Head, Famy Care Ltd

Her experience working with two of India’s most prominent family offices has equipped her with a comprehensive understanding of diversified financial instruments, with a core focus on PMS, MF’s and AIF.
A dedicated student of Howard Marks’ investment philosophy, she has developed a deep appreciation for disciplined risk control, market cycles, and the nuanced interplay of optimism and pessimism in investor behavior. This perspective enhances her ability to navigate complex financial landscapes with consistency and long-term strategic focus.
Beyond her professional interests, she finds balance and inspiration in nature enjoying trekking, camping, and cinematic storytelling.

Mr. Rajmohan Krishnan - Principal Founder & Managing Director, Entrust

Mr. Rajmohan Krishnan (Raj to colleagues, clients and friends) is the Principal Founder & Managing Director of Entrust. He leads Entrustians with his relationship-centric service mindset and uncompromising professionalism, which has established Entrust as a pioneering Family Office firm. With his deep understanding of the financial services industry and over two decades of advisory experience spanning Real Estate investments, Business Succession, Estate Planning and Social Enterprises Investments, Raj is one of the most renowned Family Office advisors in the country.
Those who know him well acknowledge his ability to amalgamate practical solutions with his fierce dedication to the client’s long-term welfare. Under his leadership, Entrust Family Office manages some of the Forbes Top Hundred Wealthy Indian families.
Before founding Entrust, Raj was part of the team that founded Kotak Wealth Management and was responsible for the P&L in both North and South India. During this and previous stints, Raj mentored some extraordinarily successful wealth managers in the country. Raj is an avid golfer and a devoted art enthusiast.
He is a fan of Carnatic classical music and has founded the Entrust Foundation, an initiative to support art, culture, and elderly care. Raj holds a Master’s degree from the University of Madras and executive education certificate from Indian School of Business and IIM Ahmedabad.

Panel: Role of Distributor in the PMS Ecosystem- PMS as a Product

Panelists

Panel: Role of Distributor in the PMS Ecosystem- PMS as a Product

Panelists

Mr. Ajay Sharma - President, All Mutual Fund Distributors Welfare Association- AMDWA

A Personal Finance professional with over 20 years of extensive experience in the industry, Ajay is an Air Force Veteran and Alumnus of IIM Calcutta. He is also a Board Member on Board of Management for The Sonepat Urban Cooperative Bank.

Mr. Dhaval Chitre - President, Pune Investment & Financial Ambassadors Association, PIFAA

With over 15 years of rich experience spanning corporate finance, personal, and investor education, Mr. Dhaval Chitre helps individuals and families navigate their financial journeys with clarity, confidence, and compassion. He is a recognized Financial Mentor, known for simplifying money matters. Through a strong foundation in behavioral finance and investment management, he guides clients in achieving long-term financial goals the smart and sustainable way.

Mr. Milind Shah - CEO, Arthmitra Gurukulam Learning Solutions Private Limited

Mr. Milind Shah embodies a journey from a humble Distributor to a visionary leader deeply committed to financial literacy. Leveraging his foundational experience, Mr. Shah currently leads a vibrant community of over 25,000 personal finance professionals, positioning Arthmitra Gurukulam as truly community focused organization that effectively resolves critical pain points for both industry experts and individual investors. Under his guidance, Arthmitra Gurukulam acts as a vital bridge between segments of financial product manufacturers for the middle and bottom segments financial pyramid, successfully connecting through various impactful initiatives, championing accessible financial knowledge and fostering a more informed financial landscape. Because of his significant contribution, he is also widely regarded as “Money Bhai” within the community.

Mr. Prem Khatri - Founder & CEO, Cafemutual

Mr. Prem Khatri is a distinguished leader in India’s financial services industry and the Founder & CEO of Cafemutual, a leading business dedicated to empowering financial distributors with knowledge, insights, and growth opportunities. With an illustrious career spanning over three decades, Prem has played pivotal roles across mutual funds, banking, wealth management, and broking. His past leadership assignments include key positions at Motilal Oswal Securities, ASK Raymond James, Kothari Pioneer Mutual Fund, and others.
An alumnus of the Indian Institute of Management, Bangalore, Prem launched Cafemutual to fill a crucial industry need: a trusted, independent source of knowledge for mutual fund professionals, manufacturers, and intermediaries. Cafemutual is recognized for its influential events, actionable content, and training that help financial service distributors enhance their expertise and business impact.

Mr. R. Pallavarajan - Founder, PMS Bazaar

Mr. R. Pallavarajan brings over 17 years of expertise in the financial services industry, offering strategic investment advice to affluent individuals and families. With a strong focus on the ultra-HNI segment, he founded PMS Bazaar, India’s first & premier platform dedicated to Portfolio Management Services (PMS) and Alternative Investment Funds (AIF).

PMS IN FOCUS- A DISTINCT EDGE

EVENT SCHEDULE FOR 6ᵗʰ AUGUST 2025

10:00 AM – 11:15 AM

Registrations / #Industry Speaks shoot

11:15 AM – 11:20 AM

Welcome

Lamp Lighting by the Dignitaries Present

11:20 AM – 11:30 AM

Inaugural Speech by the APMI Chairman & Welcoming the Chief Guest & Guest of Honour

11:30 AM – 11:50 AM

Address by the Chief Guest

SEBI Chairman – Mr. Tuhin Kanta Pandey

12:00 PM – 12:30 PM

Address by the Guest of Honour

Mr. Ashishkumar Chauhan – MD & CEO of National Stock Exchange on PMS Industry: Trends & Way Forward

12:30 PM – 01:30 PM

Knowledge Session

A session moderated by Mr. Neil Borate - Personal Finance Editor at Mint on 5 Questions to ask your Portfolio Manager - Strategy, Risk, Expense, Tax and Manager's Experience.
Panelist:
1) Mr. Darshan Engineer- CIO, Narotam Sekhsaria Family Office
2) Mr. Rajmohan Krishnan- Principal Founder & Managing Director, Entrust
3) Ms. Minal Goyal, Famy Care Ltd.

01:30 PM - 2:30 PM

Lunch

02:30 PM - 2:45 PM

Polling Session

How do you choose your PMS Distributor?

02:45 PM - 3:45 PM

Knowledge Session

A session moderated by Mr. Bhavin Shah, APMI Board Member, Founder & ClO Sameeksha Capital on the Role of Distributor in the PMS Ecosystem - PMS as a Product.
Panelists:
1) Mr. Milind Shah, Founder - Arthmitra Gurukulam
2) Mr. Ajay Sharma, President - AMDWA
3) Mr. Dhaval Chitre, President - PIFA
4) Mr. Prem Khatri, CEO - CafeAlt
5) Mr. R. Pallavranjan, Founder - PMS Bazaar

03:45 PM - 4:00 PM

Polling Session

How do you choose your Portfolio Manager?

04:00 PM - 5.00 PM

Interactive Session

Mr. Manoj Kumar, ED-SEBI in discussion with Mr. Ajinkya Rahane, Indian cricketer on Investments & Sports!

05:00 pm - 5:15 pm

Polling Session

What does a PMS offer?

05:00 PM - 5:15 PM

Closing Remarks

Summary of the Polls with Closing remarks & Vote of thanks by APMI Vice Chairman.

05:30 PM onwards

Closing Up

Networking with High Tea and #Industry Speaks shoot

Our Partners

Reserve Your Seat Now

Limited availability

The Venue

Grand Hyatt Mumbai Hotel & Residences

Glimpses of Past Event

Team APMI

APMI Board

CHAIRMAN & VICE CHAIRMAN

Mr. Biharilal Deora

Abakkus Asset Manager Private Limited

Mr. Sushant Bhansali

Ambit Investment Advisors Pvt Ltd.

Directors

Ms. Amisha Vora

PL Asset Management Pvt Ltd

Mr. Ayush Mittal

Mittal Analytics Pvt Ltd.

Mr. Bhavin Shah

Sameeksha Capital Pvt Ltd.

Mr. Deepak Shenoy

Capitalmind Financial Services Pvt. Ltd (Formerly known as Wizemarkets Analytics Pvt. Ltd)

Mr. Hiren Ved

Alchemy Capital Management Pvt Ltd

Mr. Manish Bhandari

Vallum Capital Advisors Pvt Ltd.

Mr. Sandeep Jethwani

Dezerv Investments Pvt. Ltd.

Mr. Sonal Minhas

Prescientcap Investment Advisors LLP

Mr. Sunil Rohokale

ASK Investment Managers Limited

Mr. Vivek Vasudevan

Agreya Capital Advisors LLP